๐ Paid System #5 - ES 3 Down Days MR
Profit Factor: 2.46 | Total Net Profit: $73,032 | Avg. Trade Profit: $180.33 | Max Drawdown: $21,872 | # of Trades: 405 | Annual Return on Required Margin: 6.5%
S&P 500 (ES) 3 Down Days Mean Reversion
This is a mid-frequency mean reversion strategy that is long only and takes positions after 3 down days based on the average true range. It utilizes both structured profit target and stop losses based on average true ranges, and also a maximum number of days in position. Note that the intraday drawdown is relatively high, but there is a very low trade-to-trade drawdown.